As a member of our Supply Chain team, you will make a daily impact on the lives of others. Apply today and you will get a chance to work with high-functioning, driven people who all have the same mission of making healthcare better. Plus, we have an award-winning culture and were recently named one of the World's Best Workplace by Fortune!
Position Summary:
Provide leadership and management to a team of Category Management professionals based across different geographies (globally). Overall responsibility for multiple areas of spend (Direct and Indirect categories) within global portfolio of Plastics/Resins, Biochemicals, and Textiles. Responsible for achieving cost reductions and year-over-year productivity improvements in the total cost of goods and services procured while maintaining or improving product quality and vendor service levels. Liaises with key stakeholders in member organizations and in corporate functions to develop effective cost reduction strategies and implementation plans.
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Essential Duties & Responsibilities:
Provide leadership of Category strategy activities for a significant portion of global category spend. Lead overall Category direction and ensure effective strategy development and execution for Category portfolio. Develop succession plan and onboard the talent needed to build a strong organization. Partner and coordinate with, Divisional Procurement, Supplier Quality, Advanced Operations, Materials Management, Operations, Senior Leadership, Legal, and Compliance.
Obtain the best Quality, Service, and Value for products and services through effective bidding, negotiation, and supplier management. Responsibility for leading cross functional efforts to develop and implement Global Category Plans that include cost reductions initiatives, new product development, supply base and optimization and rationalization, quality improvement, risk assessment, contract negotiation, and may include responsibility for cross-divisional, group wide, and/or global strategies and initiatives. Resident expert in strategic sourcing and procurement practices and serves as a mentor to others. Engagement at all levels within the organization to drive change engagement and ensure the actions and decisions are aligned to the broader category strategy. Where not aligned, they will engage the right cross-functional teams to generate a communications plan to influence decision-making.
- Lead the development and implementation of strategies and goals for assigned commodities in support of overall divisional business objectives.
- Establish and maintain contractual and business relationships with the senior management of key suppliers.
- Lead critical program initiatives.
- Formulate and implement processes to build a best-in-class strategic sourcing organization.
- Lead sourcing analysis and selection process and performs cost analyses and make vs buy analyses as required.
- Advise others on selection/cost analysis.
- Align on strategic investments for new technologies or capabilities externally at suppliers and internally with R&D or Business Development Teams.
- Negotiate, establish, monitor, and enforce supplier contracts and agreements.
- Drive negotiation with large scale, high impact suppliers
- Develop strong partnership relationships with key suppliers as well as other disciplines within the businesses.
- Mobilize teams to deploy risk mitigation strategies, including dual sourcing, IP acquisition, market assessments, supplier's financial assessments, social responsibility, environment, ethics etc.
- Partner with finance to drive raw material pricing strategies and react to changing market conditions. Obtain and communicate market condition information and technology trends related to commodities and suppliers.
- Utilize market trends to identify and implement appropriate cost controls and business strategy changes.
- Ensure cost standards are established for annual operating budgets.
- Organize and lead scorecard review meetings and executive business reviews.
Qualifications & Experience:
- Minimum of 10 years of / Sourcing / Procurement Supply chain experience preferably in medical devices or other highly regulated environment.
- Prior experience within Plastics, Resins, Biochemicals, and Textiles.
- Strategic thinker – understands the details but can operate at a higher level.
- Strong leadership & interpersonal skills with the ability to engage & influence senior stakeholders.
- Strong people leading and talent management skills.
- Experience with world-class strategic sourcing & category management practices
- Strong negotiations skills negotiating and implementing commercial contracts to include: supply and quality agreements (QAA).
- Strong written & verbal communication skills across all levels
- Ability to multi-task and coordinate initiatives with a virtual, global/regional team
- Persuasive ‘change agent’ capable of challenging conventional wisdom
- Track record of success in capturing value and driving spend to preferred suppliers.
- Demonstrated ability to manage and improve vendor performance.
- Hands-on mentality
- Ability to align with peers / stakeholders and build and maintain strong networks.
- Must be willing to work in a results based, fast-paced environment, with minimal supervision
- Travel: 30%
About Stryker
Stryker is one of the world’s leading medical technology companies and, together with our customers, is driven to make healthcare better.
The company offers innovative products and services in Medical and Surgical, Neurotechnology, Orthopedics, and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 100 million patients annually.
More information is available at stryker.com
